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Al Jazeera America
Dec 4, 2013 11:30am EST
>>> the u.s. economy is growing but so is the income gap between the rich and the pour. we are waiting for president obama to talk about changing that and other aspects of the economy. that is the woman that will be introducing him. and we'll have him in just a few moments. mike viqueira joins us for now with more on what to expect from the president. good morning. >> stephanie. good morning. as usual when it comes to politics and policy in washington, it is complicated. the president is trying to put forward his agenda for the state of the union speech and for the last three years of his presidency. he is going to take the populous tack that we have seen before, and tie the affordable care act into all of it. he is going to be talking about minimum wage, and disparities in in income every growing in this country, and hearken back to past speeches he has made talking about making income distribution more quillable. and he had a lot of shoring up to do. this is a left-lanes think tank, the president going to the pourest region in terms of income in this city, ward 8, and he
Al Jazeera America
Dec 4, 2013 11:00am EST
the economy. >>> a top hezbollah leader is killed. the lebanese group says he was assassinated. ♪ >>> the u.s. economy is growing but so is the income gap between the rich and the poor. president obama will talk about how to change that and other aspects of the economy when he speaks at a washington think tank in just a few minutes. mike viqueira joins us from washington. mike, good morning, what are some of the main points the president is expected to address? >> reporter: you are right, the president turning a page now after the last two months healthcare.gov debacle. he is going to talk about the grows gap between rich and poor. it's not a new story or a new subject for president obama. he talked ariel castro it two years ago in a benchmark speech in kansas. and he spoke a little bit about in this year's state of the union. the top 1% in this country have seen their income triple over the course of the last 28 years, meanwhile the middle class has scene their income grow at a modest 1% on average over the course of that same time annually. so the president will be talking about that. he'
MSNBC
Dec 4, 2013 8:00am PST
, is the economy. high unemployment, growing disparity in wealth and income in this country. >> vermont senator bernie sanders, great to have you on this morning. thanks for your time. >> thank you. >> absolutely. >>> after the president's speech on the economy this morning, he's going t stop by this afternoon's white house youth summit. the goal is to engage the so-called young invincibles, ages 18 to 35, that the white house is banking on to make obama care a success. joining me is dr. coreyhebert and elizabeth plank, executive social editor at policy mike. it's great to have you both here. elizabeth, in just a few hours policy mike is launching this week-long competition at today's youth summit. tell us about the competition and how you're hoping to engage the conversation about insurance. >> sure. we're really excited to be launching this competition today at the white house. we're going to be inviting millennials from across the country to give their ideas, their proposals and project ideas about how we can make health care work better for our generation. we think that -- we're really exci
PBS
Dec 3, 2013 4:00pm PST
%. >> these changes are huge, for the american economy and the american people. >> for more on the battle over youamerican health care, do think that president obama made a persuasive case to the american public that health reform has happened? >> i think he was trying to focus on why it is important and what it means for a lot of people. he has done this before, of course, by saying that nobody should have to choose between putting food on the table and taking their kids to the doctor. it is a powerful argument. his probably most powerful argument was saying to the republicans, ok, you haven't liked it, but you don't have anything to put in its place. it will who have it, particularly those on medicaid, the health care for the poor, won't want it taken away from them. it still remains to see if people find the process so painful that they put it off. and if they don't like what they get, is it an improvement? >> my impression is that they are lead -- they are breeding something of a sigh of relief at the white house. they are alsout treating the patients so much so that they want them out of
CNBC
Dec 4, 2013 6:00am EST
the economy probably added around 173,000 barrels last month alone. we will preview friday's government report. we have international trade coming along with productivity and cost. at 10:00 a.m., we get new home sales and ism nonmanufacturing. finally this afternoon we have the fed's beige book. 21 of the 30 dow components actually declined yesterday. the blue chip index dropped for a third straight day. this was a little bit of a drop because, again, three days in a row we haven't seen anything like that in several months. if you're wording about investor securities, the gauge rode to a six-week high. this morning, u.s. equity futures are indicated up slightly, up by about seven points. s&p futures down by over a point. nasdaq up about a point. and the ten-year note, this is what we've been watching so closely. the ten-year note at some point is yielding 2.8%. >> exactly. >> that's been driving the direction for a lot of these things. moving up yesterday was around 2.78. but 2.8 is where people start to sit up and take note. >> just under 16,000. vix at 14. ten-year, 2.8%. i'm not ready to sa
Al Jazeera America
Dec 4, 2013 6:00pm EST
sure our economy works for every working american. >> and this session of congress is set to go down in history as the least productive. 911 audio tapes reveal calmness from police dispatchers on the day from the sandy hook elementary school shootings. >> the u.s. economy is growing but today president obama said the income gap between rich and poor americans is growing, too, and he's calling on washington to address the problem. >> a dangerous and growing inequality of upward mobility that jeopardy disease america's basic bargain, if you work hard you have a chance to get ahead. i believe this is the defining challenge of our time. making sure that our economy works for every working everyone. >> oonjonathan betz is here wita breakdown. >> the rich is getting richer and the poor is getting poorer, we hear it all the time, but what does it mean? last year's median income is $51,000 but that's down from the year before. and it's down if you adjust for inflation. almost all the money being made is going to the very rich. the income of the top 1% of the population grew by close to 51%.
CSPAN
Dec 4, 2013 10:00am EST
, subsequent roads, transit and water investments helped fuel our economy and tie the nation together. more recently, the failure to address long-term funding has also been bipartisan. the bush administration ignored strong recommendations from their own private sector experts that they impaneled to give advice. although the obama administration did request and employ some modest funding in the recovery act and has proposed an infrastructure bank and talked extensively and i think sincerely about the need for investment, what has been lacking has been a specific concrete proposal from either party to address infrastructure financing in america. while the political maneuvering has secured here in washington, the gap in the highway trust fund has been growing and conditions of our roads, bridges and transit systems have been deteriorating. this puts america at a competitive disadvantage, complicates the movement of goods and people and contributes to congestion and pollution. at the same time, the needs grow, the resources are in significant decline. the gas tax has not been increased since t
CSPAN
Dec 4, 2013 6:00pm EST
sure our economy works for every working american. it's why i ran for president. it was the center of last year's campaign. it drives everything i do in this office. and i know i've raised this issue before, and some will ask why i raise the issue again right now. i do it because the outcome of the debate we're having right now, whether it's health care or the budget or reforming our housing and financial systems. all of these things will have real practical imply cage for every american. and i am convinced that the decisions we make on these issues over the next few years will determine whether or not our children will grow up in america where opportunity is real. now, the premise that we're all created equal is the opening line in the american story. and while we don't promise equal outcomes, we've strived to deliver equal opportunity. the idea that success doesn't depend on being born in to wealth or privilege, it depends on effort and merit. with every chapter we've added to the story, we've worked hard to put those words in to practice. it was lincoln a poor man's son who star
SFGTV
Dec 3, 2013 6:30pm PST
right. mayor ed lee has worked hard to keep san francisco economy and recovery on track and create jobs for san franciscans. he makes a city like san francisco to celebrate diversity in education and health care and in the environment for future generation. mayor ed lee began his career as a civil rights attorney he later served as a director of the human rights commission fighting for people then as director of the public works and later as city administrator now as mayor of san francisco he continues to fight by implementing services that help our most vulnerable community. i'd like to welcome to the stage the houshlg may have san francisco mayor ed lee. (clapping.) >> thank you very much. good evening, everybody and welcome to the people's palace. well, this is tonight i'm excited to be here it's an honor to be here to celebrate the ninth american heritage indian month no san francisco celebration of the awards. i wanted to thank not that all of you are here but for k q e d for the sponsoring of local heros. this is important because your city is all about diversity and i want to ma
CNN
Dec 4, 2013 3:30pm PST
louisiana, and whose in policies ignore everything we've learned. is have been a good healthy economy. that's the sad fact. first of all, there was no new flawed planted in the ground. he's been talking since the moment -- actually since he ran for president. to balance the budgets in a response way, reduce the deficit. those are precisely the things that he accomplished, so i'm pleased to know you agree. >> the difference quite simply is after five years, he still has not learned how to reach across the aisle. he was willing to sit down -- >> i've said this before, and i guess this is a tribute to you. you were a different kind of speaker. you were able to bring your caucus along, and get things done. >>> congressman, i'm sure you have a lot to respond to. >> yes, i do. very specific question. u ubs. >> do you great deal that inequality is a problem? >> yes, it's getting worse. you would think they weren't in power. the fact is the democrats have the house and senate. they did a $787 billion stimulus plan, the cash for clunkers, all these things that didn't grow the economy. they exacerbat
Al Jazeera America
Dec 4, 2013 12:00pm EST
. it will be good for our economy and our families. [ applause ] >> number four, as i alluded to earlier, we still need targeted programs for the communities and workers that have been hit hardest by economic change in the great recession. these communities are no longer limited to the inner city. they are found in neighborhoods hammered by the housing crisis, manufacturing towns hit hard by years of pant plant -- plants packing up. land locked rural areas where young folks feel like they need to leave just to find a job. so we have put forward new plans to help these communities and their residents because we watched cities like pittsburgh or my hometown of chicago revamp themselves, and if we give more cities the tools to do it, not hands out, but a hand up, industries like detroit can do it too. so in a few weeks we'll announce the first of these promise zone where we're support local efforts, focused on national goals. ♪ [ applause ] >> and we're also going to do more for the long-term unemployed. for people who have been out of work for more than six months often through no fault of their o
SFGTV
Dec 4, 2013 10:30am PST
or exposure to san francisco. everyday we witness the birth of innovation and models with the clean economy and the -- excuse me, with the green collar jobs that come with that. we know that the green energy economy can have a market transformation as the it1 we are experiencing here in san francisco but in order to do that we as a city must provide strong demand for energy efficiency and renewable products. that catalyst is greenfinancesf. we have seen other parts of the state of california that have adopted residential programs to great effect recently most notably sonoma and others. and we now know the stories of individuals that have chosen to participate in these respected pace programs and seen the successes that they have encountered. we know these upgrades can save money not only on repair costs and energy services and also monthly energy bills to the tunes of thousands of dollars saved per household. from the beginning we wanted to insure this policy and finance tool have a strong work force component tied to it that put residents to work in this thrg. we can be partners in th
CNBC
Dec 4, 2013 1:00pm EST
forward, not only the turnaround in the united states in the terms of the economy but the globe. the only thing that concerns me about the emerging markets is if the feds does start to taper back what is that going to do to those emerging markets and are they at more risk as a result of a fed pullback? >> any kind of rise in interest rate is going to kill in emerging markets. we've seen that so far. here's what i'm optimistic about. maybe an early budget deal, maybe obama care gets less messy. little optimistic maybe. maybe the economy gets better incrementally. here's the thing the thing is going to turn on. can janet yellen pull off the great deal, convince the world tapering is not tightening? does she have that power and influence? that's the wildcard. >> i don't think -- see i think the market will make that decision, because we've seen that with ben bernanke and the current fed. they've tried to say taper isn't tightening but the market is going to make that interpretation and that's going to be the struggle for the fed next year. >> the honeymoon will be very short, very short hone
CNBC
Dec 4, 2013 2:00pm EST
america's regional economies are doing with the beige book and st. louis. be -- and steve liesman. >> the beige book is a 2% beige book, 2% growth, the economies the beige book says continues to expand at a moderate to modest pace. the manufacturers did activity continuing to expand in most districts and the gains were seen in autos and high tech. manufacturers that were optimistic about their growth prospect. consumer spending increased in almost all districts at that 2% pace. retailers were hopeful but cautious about the holiday shopping season and sales of autos were moderate to strong. residential real estate improving across most districts and some gains in loan demands and several districts, reported easing of credit standards, something they've been waiting for for a while. some concern may be about hiring. up moderately in five districts but really unchanged in seven of the fed's 12 districts. there was difficulty finding quality workers. we've heard that time after time. some declines from the federal government shutdown se questions trace, other anecdotes were not so con
Al Jazeera America
Dec 4, 2013 4:00pm EST
and calm. >> hard to react when you're panicked. calm make sense. randall. thank you. the u.s. economy is growing, but so is the income gap between rich and poor americans. president obama addressed the problem. >> the lack of upward mobility that has jeopardized middle class america's if you work hard you can get ahead. this is defining of our time. making sure that our economy works for every working american. >> the president did not propose any initiatives during his speech. but he said a rapidly growing of deficit opportunity is a bigger threat than the fiscal. we'll go to danny, professor of economics, great to have you back. >> thank you. >> a pleasure, you heard just a moment ago, america's dangerously growing income is defining the challenge of our time. is the president correct, or is he, as some would say, overstating the income inequality and wealth gap argument with that kind of a statement? >> no, if anything there is an understatement. he's absolutely correct saying that it is a defining problem. and this problem has just--it has been exacerbated by global pressures. it
SFGTV
Dec 4, 2013 7:00am PST
bodies to reinforce our collective plan to have a thriving economy. we share best practices and collaborate to educate the public. and we've realized on many of you who are in the audience. let's get back to where i started people who are crazy enough to think they can change the world do we have them here from leader nancy pelosi who has been protecting the environment to mayor ed lee who is building the extension programs who has helped to there our focuses and effectiveness and strengthen our role 90 in government and the architect is being trormd. we should all take heart from their transformational change. we've shown we can continue our focus to our values we'll indeed have an impact on the federal government in the lives of the american people and hopefully on the world stage where america continues to lead. now we have a woman who needs little introduction nancy pelosi is the representative for the one hundred and 31st congress reforming the political system to create clean campaigns and concocting reforms and slurring the neighborhoods and scalds. from 2007 to 2011
PBS
Dec 3, 2013 5:00pm PST
with economies make it clear that not as eager to move closer to taking it as the crowds on the streets of kiev. some eu states struggle under the of a start he would tell police that his decision to forgive people's debt is paid off . i know it from cities and rules can reach it this is auntie international the editor of britain's got the news papers relating to find flat out denying his paper a detailed response publishing revelations about the scale of global cement used to grill by parliament the committee which question of whether the paper is undermining national security zone sez center of the report it did get quite heated. well what the herring it was a lively at times that don't quite have the hang of it i think it's bad to say that this is the guiding the free press managing alonso who plays questions that at some of the questions i think london and raise some eyebrows secondly we had at one point an anti off i'm a three g d that you love your country now that will send me any question that is getting to be raising eyebrows we all say i had one np seemingly content some of the guardi
MSNBC
Dec 4, 2013 12:00pm PST
economy could make the fed take off the training wheels. signs of recovery could pressure the federal reserve to start pulling back its $85 billion monthly stimulus program. the fed just released its beige book. it shows modest to moderate growth. finally, there are some concerns that holiday retail spending is off to a slow start. mean while, president obama turned from health care to the economy offering what the white house billed as a major address on american unequality. some are calling it a early preview of the state of the union and the upcoming initiatives to help the middle class. >> while we don't promise equal outcomes we strive to driver equal opportunities. a grandson, a son, a father, as an american, is to make sure that every striving hard working optimistic kid in mark has the same incredible chance this country gave me. over the course of the next year and rest of my presidency, that's where you should expect my administration to focus all of our efforts. >> let's look at that new address with friend of the show josh barrow, politics editor at business insider. welco
FOX Business
Dec 4, 2013 3:00pm EST
indicate the and the economy and manufacturing continued to expand at a, quote, modest to moderate pace. the most upbeat news, manufacturers whose managers say she expanding and russian positive about the near-term future helps stem earlier losses in the market which ironically also cash in after good news from a private employment report, the automatic data processing report in. this is what it showed on your screen. private sector hiring in november, and and 215,000 jobs versus the expected 178,000 green, costing investors to fear the events of the fed's keeper coming sooner rather than later. you can see this picture, for direction the dow jones industrials have crossed the unchanged level 34 times. when you see we are down 59 points off of earlier lows still not anywhere near where we started the day and we want to talk about the s&p 500. the index is down for a fourth recession, losing five points. let's look at what is the. ticker symbol cf soaring after the fertilizer company says it expected to give significant additional cash to shareholders in the form of dividends, with the a
MSNBC
Dec 4, 2013 9:00am PST
. it will be good for our economy. it will be good for our families. [ applause ] number four, as i alluded to earlier, we still need targeted programs for the communities and workers that have been hit hardest by economic change in the great recession. these communities are no longer limited to the inner city. they're found in neighborhoods hammered by the housing crisis, manufacturing towns hit hard by years of plants packing up, land-locked rural areas where young folks oftentimes feel like they've got to leave just to find a job. they're communities that just aren't generating enough jobs anymore. so we put forward new plans to help these communities and their residents because we've watched cities like pittsburgh or my hometown of chicago revamp themselves. if we give more cities the tools to do it, not handouts but a hand up, cities like detroit can do it too. so in a few weeks, we'll announce the first of these promise zones, urban and rural communities where we'll support local efforts focused on a national goal. that is, a child's course in life should not be determined by the zip
PBS
Dec 4, 2013 7:00am PST
of the ruling party of the region's economies did not go for the draft. this block is the institution buildings in the cabinet of ministers is not the path to european integration but to dictatorship. i am. no clue i demand to stop all legal and lawful decisions to block the building of the government you are sure to be responsible in all the pp push on the wrongful acts will be responsible for this to let you know meanwhile thousands of protesters gathered at the building of the parliament to continue to demand the resignation of the cabinet of ministers and the president. still there we came into vogue for the resignation of the government and the president and so for new elections. why because we do not like being treated as animals. the protests began after the president picked unocal which refused to sign the eu association in the free trade pact but most people went to the streets on sunday after they've been caught so it is violently dispersed the crowd on independence square. the thai government has negotiated a truce with protesters in the streets of the capital for the next several da
KICU
Dec 4, 2013 4:00am PST
or even less than that. so i think that with the onward expansion in our economy the big banks will benefit in 2014. > >thank you for your insights larry. > >thank you. a legal blow is happening to the people of detroit who were hopining to be spared losing pension money in the nation's largest bankruptcy filing. federal judge ruled: the motor city is eligible for chapter 9 bankrutcy protection.the concludes cutting pensions of retired city workers can be included in detroit's financial re- organization. detroit's emergency manager kevyn orr -- appointed by michigan's governor says "we are gratified with court's ruling-- it allows a clean slate and fresh start to remove crushing debt" a national pension fund spokewoman says: " modest pensions of detroits firefighters, police officers, and other city employees could be all but wiped out, even as wall street banks continue to extract hundreds millions of dollars from the city's economy. an attorney tell us city officials cannot sole use pension funds to pay debts. the judge mentioned this, the cuts have to fair and equitable whic
MSNBC
Dec 4, 2013 12:00am PST
's imagine ten million people lose their jobs, we expect to fall off in spending. but the economy is certainly better today than it was in 2009, so -- >> i want to put dollars and cents to this. this is the difference in the cbo projected savings. they're projects $222 billion in a year from medicare and medicaid from this slowing of health care costs. the sequester is $87.9, and the cuts to food stamps is $23.8 billion. >>> i have been on twitter all day about this, they can't find a single positive thing to say about the law. literally it could bring people's health care costs down to zero, they could cure cancer, and conservatives would be shouting from the rooftops that it's a disaster. i think this california thing is hysterical. in part because it's the sort of natural conclusion of the republican panic about this. they vote in mass against the law even though it originated in republican ideas. they vote to try to repeal it unsuccessfully. the website they think will sink it, and then they just throw toilet paper at it. >> and in the absence of a website that wasn't malfunct
CNBC
Dec 4, 2013 4:00am EST
the economy is going to do this year and next ahead of the election. >> yeah. i think the likelihood is that the economy will continue to grow at a 2% to 2.5% late next year. that's decent, but it's not stellar. given all they have said about reducing the deficit over the next few years, it leaves room for cutting taxes. i think what the uk needs is a rebalancing towards investment and exports. the government realizes this and i think as a consequence it's unlikely to do things to throw additional fuel on the fire of consumption. >> do you think the government is doing enough? are you expecting any measures, say, on planning tomorrow from the troika? would that have helped? we had construction pmis this week very strong, rising like a phoenix out of the ashes. but many suppliers saying the supply side of that market is still very, very underperforming. >> yeah. i mean, when it comes to the supply side of the uk housing market, it really is down to things like change, having a look at the green belt legislation, trying to, you know, incentivize local authorities to watch the yen gauge
Al Jazeera America
Dec 4, 2013 2:00pm EST
inequality is jeffer dieing the middle class and he wants to make sure that the economy works for everyone. who was this speech directed at. >> reporter: that's a great question. you have look it's a it italy a political spectrum. it was directed to the left. they have been very displeased, disillusioned. look flo further than the last two months, the bunkelled roll out of healthcare.gov . it has not gone well and it's reflecting poorly in the polls. there is an election coming up for every member of the house of representatives. next year there is a third up for grabs in the senate the centecenter for american progres guaranteeing that the president's message will be amplified at the people it's aimed at. a theme that the president has concentrated on throughout the course of his speeches. echoing themes from a hundred years prior that theater roosevelt hit on. he spoke to a number of key con sit sent groups. women talking about equal wages in the work group. nondiscrimination against gays in the workplace. he talked about the affordable care act and called it a powerful piece of legisla
FOX News
Dec 4, 2013 8:00am PST
"happening now" ♪ ♪ jon: good morning on this wednesday. the president giving a speech on the economy today to talk of obamacare again. all part of a three-week pr blitz to convince americans to sign up and soon. hello, i am jon scott. jenna: i am jenna lee. the presidents common coming on the heels of the enrollment website 631 the website is trying to put the botched rollout behind it. getting that millions of enrollees getting the health care law work. the deadline to sign up for coverage next year is december 23. let's talk about with karl rove, a senior adviser and deputy chief of staff to president george bush. he is also a fox news contributor. that was part of her job when you are there to get the message out and get the programs in the public eye. can the president resell a program that has had such a difficult time? >> they had an enormously bad first impression and it is hard to convince people that this program isn't fundamentally flawed. there's a lot more bad news than there is good news. millions have lost their private insurance coverage and they are finding that when they g
PBS
Dec 3, 2013 6:30pm PST
of detroit's economy sold more cars than expected in november. but can the pace of sales continue into the new year? >> and falling behind, american students are lagging other nations in reading, math and science. what changes need to be made to ensure future generations can compete in a global economy? we have that and more tonight on "nightly business report" for this tuesday, december 3rd. >>> good evening everyone and welcome. i'm tyler mathisen. remember how great the month november was for stock investors, records and consecutive weeks of gains? hold that thought because so far december has gone the other way. fast. in fact, the dow and s&p 500 today ended lower for a third straight session. logging their biggest three-day decline in two months. some on wall street say stock prices are too high and they are taking profits and there is a pull back and this is the start of it, or maybe consumer spending, soggy so far this holiday season or the fed's seeing the blowout auto sales? we'll start pairing back on stimulus soon. whatever the reason the market sold off again today. th
FOX News
Dec 4, 2013 6:00am PST
/3 in that pew survey believe americans view greater involvement in the global economy is a greater thing. meaning when america is a strong country it's better for the world. >> we have seen that throughout history. and when we see economies like china coming up it's important to have our own economy keep going. people like to complain about america, but when something happens in the world, the philippines, the typhoon there, when something happens in the world guess who is the first country to go, the united states military and the charities. we are divide as a country on political lines. republicans and democrats are split on how they see our influence in the world. the democrats believe the president has broken his promises. he said we would leave iraq, afghanistan and close guantanamo bay. republicans are saying don't be apologizing for guantanamo bay when you are on foreign tour. bill: what do you think the apology tour did to our view of ourselves in the world? >> when you have the president of the united states going over to other countries and telling countries that we are the one
SFGTV2
Dec 4, 2013 6:30am PST
. third this has big impacts on our economy. it will prove the transportation and health insurance this is a home to oakland. it will continue to serve as a place for folks on the other side of the bay. it's the toll payers who fund this. so we have to give our toll payers a round of sport for this measure (clapping) >> finally i'm so glad with the addition of bike and pedestrian lanes we're moving closer to an integrated mode of transportation that is good for our environment and community. so in closings thank you to everyone in our efforts and it's been eagerly awaited. i've been in the senate and the assembly n for 15 years so i've eagerly awaited this day. rest assured i'll continue to be an advocate in congress even in this is this tough environment for transportation infrastructure. i wish you the best of lick and a very happy labor day. thank you. again (clapping) >> knoll let me introduce our tremendous leader in the california state senate darryl stein beggar. >> good afternoon to leaders from the bay area. when i hear people talk about this bridge and today's events
ABC
Dec 4, 2013 12:00pm EST
, or abc 7 president obama is taking a break from promoting health care and focusing on the economy. the president is calling on congress to increase the minimum wage. he argues growing income inequality and stagnant wages threaten upward mobility and retirement security. >> i believe this is the defining challenge of our time, making sure our economy works for every working american. ran for president, the center of last year's campaign, to drive everything i do in this office. >> we will have highlights and reaction tonight at 5:00. >> the health care law is getting a grilling on capitol hill. there is a live look there. partners atur news politico have learned that 29,000 people signed up on healthcare.gov signed up on sunday. that's more than the entire several october. intersections closed because of a gas leak in tysons cner. the gas line broke near cambridge road. drivers are being asked to avoid that area. the judiciary and public safety committee holding a hearing. they are focusing on the vacancies in paramedics and fire in umass. they will also look at a scathing audit. t
CNBC
Dec 4, 2013 6:00pm EST
get better in the economy. the fed has been fighting that trying to keep rates down to ensure the economy is really getting going, not just one time only, but steady in creating a lot of jobs. now if today's data is a sign that things are on track in this country, i don't know what it is. i just don't know what is good data. after i saw this data. so you have to figure the fed stops fighting the tide unless rates rise and this will present more competition for stocks and it can reverse the terrific data we got today and that's what janet yellen has to be worried about. the successor to bernanke. maybe it about arent. we haven't seen a surge in consumer spending. we haven't seen a strong employment growth and while we keep talking about a budget compromise today f we get it it's not a surety. it may not do anything other than resolve the ridiculous sequester that's so twisted government spending. frankly, i tried to dispense with this as quick as i can. why? anyone can trace it. so let me tell you what you don't know. you have heard about this tapering game for so long i know y
FOX Business
Dec 3, 2013 8:00pm EST
forget that one of the backbones of our economy for years was your little community banker. hundred million a hundred million dollar or less pinkerton knew you by name. >> you are absolutely right. neil: my first one i ever got was from a small community bank who apparently took pity on me. they wouldn't even give me a second look. so i'm wondering what the reverberations are businesses, regular individuals who need money, have future good standing to get money. >> yes, i think that is a big part of it. 70% of jobs are created by small businesses. small businessman or woman is able to shake the man's hand and be able to get alone like you did and he was able to create more business and hire more people and increase the economic activity. nowadays, business owners look at that as an algorithm. if you fit a profile, you get a loan and if you do not, you don't get along. if you look at the fdic regulations, what dodd-frank has done, pounds and pounds of regulations, and you look at all that you say that if i am an investor, what i want to invest in a little bag? and i don't think it's
FOX Business
Dec 3, 2013 9:00pm EST
are damang america's economy. america's economy, what about this great? this seems to be contrary you would think that renewable energy would save energy but the opposite seems to be true. >> yes, the problem is that renewable energy, wind and solar, it is more expensive an right now they are producing about 5% of our electricity. well as coal reduces about 40%. natural gas and oil produces a substantial amount also. so here the government is trying to get us to switch to a more expensive fuel and at the same time, one that is difficult to store with wind and solar. gerri: we know it is more expensive, we are paying for them and the taxpayers are paying for all of this, either through tax breaks or the green energy companies or other kinds of write-offs. but at the end of the day, why can the grid not handle it? what is a technil issue? >> it is difficult. they turn and they create energy, it is difficult to get that energy over to the coast and we generate a lot of wind energy in the country. and it's difficult to get overlooked where it's needed. and once you start rying to get it out els
SFGTV
Dec 3, 2013 4:00pm PST
careers and new economy ins the green collar economy that continues to grow. we want our local workers to have the skills necessary to take part in that e -- emerging industry. we want to ensure local residents are working on local contracts on local projects so we keep money and workflow within san francisco and continue to boost our local economy. i want to thank pat muligan from city build in particular, for all their hard work in the workforce component on that as well. we are confident that san francisco's program can now move forward and be successful. we've seen countless programs up and down the state of california and nationwide operates successfully now for years with no threat of it being shut down, we want to protect property owners and give them the comfort they need to part pate. our governor jerry brown passed in his budget reserve funds that will address sfha concerns and make sure that they are not impacted by pace impacts mere in san francisco, we will be participate ining the state reserve fund so that our property owners are fully perked. green finance sf is the e
SFGTV2
Dec 4, 2013 4:00am PST
, and the economy. without it, things simply can't exist. woman: we have good health in this country, in part, because we have clean water. and we shouldn't forget that, and we shouldn't take it for granted. melosi: in the late 19th century, serious waterborne disease epidemics were having devastating effects. roy: but then, in the early 1900s, we began to treat our water. and since then, we've seen a rapid decline in the incidence of waterborne disease. narrator: most cities treat drinking water through filtration, chlorination, and sometimes ozonation to kill pathogens in the source supply. these are complex treatment plants that cost millions of dollars to operate, but are necessary for our wellbeing. the treatment of drinking water has been called one of the greatest public health achievements of the last century. the water infrastructure itself protects the treated water until it comes out of our taps. it's been since 1911, since we had an outbreak of cholera or typhoid in the united states. but that doesn't mean that it can't happen. it can happen. if we aren't on our guard all the time
NBC
Dec 4, 2013 11:00am EST
by just 165 votes. today president obama is heading in to talk about the economy. here's a look at the arts and recreation campus. he will be speaking a few minutes from now. we don't expect him to make specific announcements, but he will urge congress to pass a budget and extend unemployment by the end of the year. three house committees are holding hearings that focus on the affordable care act's roll out. republicans in the committee say issues with healthcare.gov prove they can't handle undertakings. democrats disagree with that. >> we have before us an example of something that may be too big to swallow even for the u.s. federal government. >> our country's experience with social security in 1935, medicare in 1965 and a prescription drug program in 2005 democrats the government is capable of overcoming the initial problems with the implementation. >> president obama insists the program is working well. he spoke in front of people who said have benefitted from the new law and works well for the ma jorit of users. as you heard, republicans remain skeptical and you are hearing
FOX Business
Dec 4, 2013 4:00pm EST
to squeeze out any kind of gain. liz: let's get to that and the details of it, the fed saying the economy is growing calling a modest to moderate pace. saying there are particular signs of economic activity in the auto and tech industry specifically. david: company hiring rose the fastest pace in a year. showing a gain of 215,000 jobs last month. the data coming out a couple of months before friday's job report from the labor department. liz: the rate of growth in the services sector of the economy slowed. saying nonmanufacturing index slipped. david: sales of single-family homes surged the most in more than three decades in october. commerce department reported sales soaring to a seasonally adjusted annual rate of 444,000 units. liz: the trade deficit narrowing as exports hit a record high. picking up in global demand that could help boost american growth in the fourth quarter. david: and falling of the fda revealed the company recalling 1400 robotic surgery systems because of concerns the devices could stall and that was bad news for the stock. "after the bell" starts right now. liz: i
MSNBC
Dec 4, 2013 6:00am PST
is bill clinton talking about one of his most famous campaign quotes from 1992. it's not it's the economy, stupid. in ukraine it looks like a cold war up rising stuck in a debate over democracy. we will go live to kiev for the latest. good morning from washington. this is "the daily rundown." coming up, a deep dive into bit coin and how it could fit into the world's phi national future. this is a wild new currency gaining steam online. let's get to the first reads of the morning. you can call the last month and a half for the republican party. after losing the last two contests after the shut down in the midst of a battle in the party, republicans clearly have the political swlj it comes to health care. they are in a bit of a quandary. they believe healing care is a winning issue, they are not sure of the next move. the president will test out some of the themes of the upcoming state of the union address and will provide a window into where he focuses energies over the next three years. this is the need for upward mobility. the president will explain how the health care law fits into his
MSNBC
Dec 4, 2013 11:00am PST
that in this speech on the economy earlier. but this is a different strategy we're looking at here with these young people. >> earlier speaking before the group center for american progress and key allies of this president this afternoon, a short time from now, the focus will be on the young individuals and comes with a back drop of numbers that are concerning to members of the administration. a harvard kennedy school of government said a majority of these young mill lennials are afraid the affordable care act will cost them more but help them less. the care won't be as good. that's an issue they are trying to turn around and turn into their favor as the president prepares to speak at this youth summit. they will focus on today the issue that people under the age of 26 get to keep their parent's coverage, get to be covered by their parents with preexisting conditions will be covered as well. these are issues that young people will relate to. on top of that was a statistic the white house aides are often note us about, the fact six in ten americans in their health care will pay less than they do a m
CSPAN
Dec 4, 2013 1:00am EST
american a fighting chance in today's economy. all right. thank you so much, everybody. god bless you. [applause] [captions copyright national cable satellite corp. 2013] [captioning performed by national captioning institute] [cheers and applause] >> know we will hear from the white house chief of staff denis mcdonough who will apologize for the problems with healthcare.gov . he says the website is functioning better since the october one launch. he spoke at georgetown university. former also hear from democratic senator, tom daschle. [applause] , it is nice to see all of you this morning on a wonderful morning to talk about a very important subject about this country. is achair keith -- cherokee chief indian once said, timing is everything. right now. implementation of the affordable care act, opportunities and challenges. we have an excellent program today. we have two terrific speakers. we have denis mcdonough and tom daschle. we also have a panel that will be moderated with a number of distinguished people on the panel. that will be the day. we will have an opportunity for some q
FOX Business
Dec 4, 2013 9:20am EST
♪ >> unions take a hit. opec in disarray. wal-mart has a very good day and the economy slowing down or speeding up, which is it? good morning, everyone, there's a lot to deal with so here we go. detroit's unionized pensioners will see their benefits cut. watch out other american cities. frack, and floods the world with oil, and opec is split. what's a cartel to do? an on-line shopping binge rolls on. wal-mart had its best day ever. and stocks will open lower again? yeah, a big day. "varney & company" is about to begin. hi honey, did you get e toaster cozy? yep. got all the cozies. [ grandma ] th n fedex one rate, i could ll a box and ship it r one flat rate. so i kn untilt was full. you'd be crazy not to. is tt nana? [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex. [ male announcer ] fedex one rate. every day we're working to and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. i
CNBC
Dec 3, 2013 7:00pm EST
on one sixth of our economy, whatever comes up we're just going fix it. >> reporter: meanwhile on capitol hill republicans kept pound being away with their criticism saying that obama care ultimately is more than just this website. >> the president's health care law continues to wreak havoc on american families, small businesses and our economy. it's not just broken website. this bill is fundamentally flawed. causing people to lose the doctor of their choice, causing them to lose their health plan and if that want isn't enough having to pay much higher prices at the same time. >> reporter: also today, larry, inspector general that oversees the irs says the irs may have some proble some problems implementing the health care in refunds. the treasury said they are aware of the problems and been on top of them. they say they will have it under control and be able to prevent massive fraud inside the irs piece of the affordable care act roll out, larry. >> what's going to happen with this back end business called, what is it 836 i think it's called, section 836. 834. it connects the websites to
MSNBC
Dec 4, 2013 2:00pm PST
in america. people a little bit down on their luck in transitioning back into the economy, thinking, gosh, i could probably use a food stamp. well, it's the holiday spirit, republicans are getting into the holiday spirit this year, by oh, what the heck, let's attack the poor people and let's throw in the pope this time, too. leave it these guys, to slam the needy people in america. leave it to these guys to slam these folks just a couple weeks before christmas. [ whistling ] last night, bill o'reilly took his belittling of the poor to a whole new level. owe ri'reilly claimed that jesu might not be in favor of food stamps. >> the problem, as i stated, you're helping one group by hurting another group. and a bigger group. and so i don't know if jesus is going to be down with that. >> yeah, you don't know if jesus is going to be down with that. you know exactly what society was like some 2,000 years ago there, billo. oh, riley, he didn't stop there. he went on to say if you were on food stamps, it's your own fault. >> some of the people who don't have enough to eat, it's their fault they don't
PBS
Dec 3, 2013 8:30pm PST
of the us economy and your yarn is now at one hundred and thirty nine point one four two one nine the profit taking in the euro against the yen bow so the bistro meg is me get this easter may see some selling pressure on japanese export this city. t i tried doing things a lot for that update. officials from japanese firms hitachi and us manufacturer johnson controls are set to join forces. they plan to establish the world's largest air conditioning firm for businesses next year. he got to plan says will spin off its air conditioning business and johnson controls will obtain a sixty percent stake in the joint venture school will use our goal is to establish the world's leading air conditioning system for cars. by combining technology is home detention and chills and controls the dude's president says his firm's energy saving technology along with the us company's global sales network is a ninety lb partnership. japan's banking now boasts the strongest sales in air conditioning systems can be in cash the market. an upgraded to business on the wii with the tech market. it is. it is when sliced
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